102 JUST IN: Percentage of subprime auto borrowers 60+ days past due on loans hits a record 6.1% in September. This is the highest delinquency rate of all time, even above the 6.0% peak in 1994 and 5.0% in 2008. (twitter.com) posted 1 year ago by CoolAsACucumber 1 year ago by CoolAsACucumber +102 / -0 12 comments share 12 comments share save hide report block hide replies
Yes. Every time the Demwits take the wheel, they ease restrictions on predatory lenders and invite in predatory borrowers all at the same time :/